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Former Assistant Treasury Secretary: Expect 'a more welcoming position...toward the development of crypto'

By Business Daily | Jan 9, 2025

Former Assistant Treasury Secretary Timothy Massad expressed optimism regarding the future of the U.S. cryptocurrency industry under the new administration.

Merrill unveils advisory group focused on ultra-high-net-worth clients

By Business Daily | Jan 9, 2025

Merrill Wealth Management has announced the establishment of its Ultra-High-Net-Worth (UHNW) Advisory Group.

Morgan Stanley invests in ocean data firm XOCEAN through climate equity strategy

By Business Daily | Jan 9, 2025

Morgan Stanley Investment Management (MSIM) has announced that its 1GT private climate equity strategy participated in a €115 million fundraising effort for XOCEAN, a company specializing in ocean data for the offshore energy and civil hydrography...

California insurers aid wildfire victims with immediate relief and claim-filing guidance

By Business Daily | Jan 9, 2025

California property insurers are stepping in to support their customers affected by the recent wildfires in the Los Angeles area.

Bank of America announces $2 billion note redemption due January 2026

By Business Daily | Jan 8, 2025

Bank of America Corporation has announced its plan to redeem all $2 billion in outstanding principal amount of its 3.366% Fixed/Floating Rate Senior Notes, which are due January 2026.

Matt Reilly named president at Bank of America's New Hampshire operations

By Business Daily | Jan 8, 2025

Bank of America has announced the appointment of Matt Reilly as President of its New Hampshire operations.

Flying Food Group CEO: Employees 'efforts drive meaningful change in our communities'

By Business Daily | Jan 6, 2025

Flying Food Group (FFG) has committed to donating 100% of its taxable income to the Sue Ling Gin Foundation, a move that CEO David Cotton says strengthens workplace culture and empowers employees to support impactful community initiatives.

Carlyle invests $250 million into Norwegian brand house Jordanes

By Business Daily | Jan 6, 2025

Global investment firm Carlyle has announced a strategic capital package of NOK 2,750 million ($250 million) for Jordanes ASA, a leading brand house in Norway.

E*TRADE releases monthly sector rotation study analyzing S&P 500 stock behavior

By Business Daily | Jan 6, 2025

E*TRADE from Morgan Stanley has published the results of its monthly sector rotation study.

Federal loans available for Louisiana businesses after New Orleans tragedy

By Business Daily | Jan 4, 2025

The U.S. Small Business Administration (SBA) has announced that small businesses and private nonprofit organizations in Louisiana can apply for federal disaster loans.

SBA provides disaster relief loans to Missouri nonprofits affected by recent storms

By Business Daily | Jan 3, 2025

Federal disaster loans are now available for certain private nonprofit organizations in Missouri that suffered economic losses and physical damage due to severe storms, tornadoes, straight-line winds, and flooding from November 3-9, 2024.

Goldman Sachs appoints Alex Golten as Chief Risk Officer

By Business Daily | Jan 3, 2025

The Goldman Sachs Group, Inc. has announced the appointment of Alex Golten as Chief Risk Officer.

Goldman Sachs schedules Q4 earnings release and conference call for January

By Business Daily | Jan 2, 2025

The Goldman Sachs Group, Inc. has announced plans to release its financial results for the fourth quarter of 2024 on January 15, 2025.

Crypto Youtuber on Chokepoint 2.0: I got 'denied from opening a bank account'

By Business Daily | Dec 30, 2024

Mati ALLin, a YouTuber and crypto psychologist, has claimed that he was denied a bank account due to his past interview with a cryptocurrency founder.

Bank of America announces full redemption of Series MM preferred stock

By Business Daily | Dec 27, 2024

Bank of America Corporation has announced the full redemption of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM, along with the corresponding depositary shares.

SBA expands small business lending network with new partnerships

By Business Daily | Dec 23, 2024

The U.S. Small Business Administration (SBA) has granted Small Business Lending Company (SBLC) licenses to four institutions, aiming to improve access to capital in underserved markets.

Biden signs law restoring funding for SBA disaster loans after hurricanes

By Business Daily | Dec 21, 2024

President Joe Biden has signed the American Relief Act, 2025 into law, providing funding for the U.S. Small Business Administration’s (SBA) Disaster Loan Program.

Amazon announces new accessibility updates for Fire TV

By Business Daily | Dec 21, 2024

Amazon has announced new accessibility updates for its Fire TV, including Dual Audio support, expanded hearing aid compatibility, and tactile device packaging.

Amazon announces settlement with OSHA

By Business Daily | Dec 21, 2024

Amazon has reached a settlement with the Occupational Safety and Health Administration (OSHA), resulting in the withdrawal of all but one ergonomic citation following an investigation.

Amazon announces decarbonization initiatives

By Business Daily | Dec 20, 2024

Amazon has announced a series of initiatives aimed at decarbonizing its global building network.

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